2007 NE BROADWAY ST, Portland, OR 97232

$2,525,000
List Price
$2,525,000
Days on Market
22
MLS#
19416183
Property Type
Multifamily
Lot Size
3, 000 to 4, 999 SqFt
Region
Portland Northeast
Status
Pending

Property Description

The Broadway Apts feature 14 units, including 2 retail spaces (St. Simon Coffee & Visit Nail Studio). 2013 built building features quality units at a great close-in Irvington location. This fantastic property features a bike score of 100, a walk score of 88, & is near shopping & public transit. Each unit has quality cabinetry & appliances, & 4 of the units are very rare 2 story, 1-bdrm townhouses! Laundry & bike storage on-site.

Additional Information

Tax Amount
$32,079
Year Built
2013
High School
Grant
Elementary School
Irvington
Middle School
Irvington
Stories
2
Terms
Conventional
Basement Foundation
Slab
Fuel Description
Electricity
Heating Description
Zoned
Hot Water Description
Electricity
Roof Type
Other
Sewer Description
Public Sewer
Water Description
Public
Cumulative Days On Market
22
Sq Ft Approximate Building Total
6494
Capitalization Rate
4.72
Operating Expenses Actual
67478
Gross Income Actual
186689
Gross Rent Multiplier
13.53
Net Income Actual
119211
Occupancy Types
Leased, Month to Month
Utilities Included
Trash Collection, Sewer, Water
Number Of Units Total
14
Unit Type One Baths Total
1
Unit Type One Rent
1006
Unit Type One Sq Ft
265
Unit Type One Units Total
4
Unit Type Two Baths Total
1
Unit Type Two Beds Total
1
Unit Type Two Rent
1145
Unit Type Two Sq Ft
370
Unit Type Two Units Total
2
Unit Type Three Baths Total
2
Unit Type Three Beds Total
1
Unit Type Three Rent
1183
Unit Type Three Sq Ft
440
Unit Type Three Units Total
4
Unit Type Four Baths Total
1
Unit Type Four Beds Total
2
Unit Type Four Rent
1390
Unit Type Four Sq Ft
570
Unit Type Four Units Total
2
Unit Type Five Baths Total
1
Unit Type Five Rent
1200
Unit Type Five Sq Ft
460
Unit Type Five Units Total
2

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Joseph Bernard LLC.

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